GMC to Add New Markets – Australia, New Zealand, China

GMC Line – courtesy of and copyright GMC – January 2024

Ken Zino of AutoInformed.com on GMC to Add New Markets - Australia, New Zealand, China

Click for more GMC.

GMC (NYSE: GM) said today that it is adding three new international markets. The premium truck brand at General Motors said customers in Australia, New Zealand and China will have the choice of the Yukon full-size SUV in these potentially high-growth markets. China sales are expected to begin in 2024, with Australia and New Zealand following in 2025. This announcement follows the launch of GMC in South Korea in 2023 with the GMC Sierra LD pickup truck, pioneering the premium pickup market in the country. These new markets add to GMC sales in the US, Mexico, Canada and Middle East.

“GMC is in the most exciting era in its history as we expect to grow competitively in our home market while venturing into new ones,” said Duncan Aldred, global vice president, Buick and GMC. “We’re forging our future as a premium truck and SUV brand.”

GMC finished 2023 in the UUS. with an increase in retail sales of 6.5% calendar-year-to-date, the best overall sales performance since 2017. Central to the increase was the Sierra LD and HD nameplates, achieving their best combined year of sales on record sales – the sixth consecutive year of segment share growth. Production of the HUMMER EV Pickup and SUV continues to ramp up as retail sales doubled from 2022 to 2023.

GMC also sold the highest annual volume of both Denali (34%) and AT4 (19%) trims ever, resulting in record average transaction prices for GMC. In 2024, both trims celebrate milestone anniversaries with the 25th year of Denali, and AT4 marking its fifth year in the GMC lineup.

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *